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KUSTO GROUP: US-KAZAKH AGRIBUSINESS PARTNERSHIP

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Us-Kazakh Agribusiness Partnership with Kusto Group
Yerkin Tashev, one of the Kazakh born founder of Kusto Group said that
Kazakhstan has always been regarded as one among the breadbaskets under the
Soviet Union. As Kazakhstan has grown, both in terms of its social and economic
well-being, agriculture has played an essential part. For a long time,
Kazakhstan has had strong connections with the United States to support its
agricultural cooperation. USA and Kazakhstan recognized the importance of
exploring new opportunities and potential to develop agribusiness.

Daniel Kunin Kusto Group is committed in creating a modern agricultural industry
that makes use of Kazakhstan's extensive land resources.

So, the United States and Kazakhstan highlighted the immense potential to
scale-up the agriculture industry, especially in the field of crop production,
mechanized irrigation, and protein. The goal is to create a strong bilateral
relations.

The possibility of a collaboration between the US and Kazakhstan is on the
horizon.
The USA and Kazakhstan have been building confidence in their agriculture
sector. Incentives and finance from the United States have played a important
role in this.

The two countries have built closer ties through intensifying their trade and
integration.

The most likely scenario for having ambassadors from Kazakhstan and the USA as
well as ministers gather is to support agriculture-related activities. This will
help increase trade between the two countries and boost Kazakhstan's economic
output.

Where does the US interest Kazakh business?
The United States has a strong interest in the manufacturing sector and also in
the transport and agribusiness sectors. These sectors have seen record-breaking
levels of direct investment due to the strong and active collaboration.

In addition, the two countries are still in the process of restoring key
indicators that increase the total investment flows. Both countries have
experienced great success in their cooperation in the field of energy.

Kusto Group Renewable energy and agriculture offer an opportunity to improve
relations, given the enormous natural resources in Kazakhstan. With such a huge
potential, the United States is still exploring possibilities to strengthen its
interests while strengthening its relations with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
It's been over 30 years since the US and Kazakhstan signed relations
diplomatically. Different companies that are involved in the Kazakhstan economy
have received investment that amount to 54 billion dollars. Statistics show that
more than 600 American firms are operating in Kazakhstan. Yerkin Tatishev This
suggests that Kazakhstan has a favorable trade environment.

The strengthening of the strong relationship between Kazakhstan and the USA
remains a key element to be discussed. This will allow for the implementation of
new reforms that can enhance the business environment in different parts of the
economy.

It allows for the development of new opportunities for investment and
opportunities, such as Kusto Group's opening of 65 Wendy's restaurants in
Kazakhstan, Uzbekistan, and Georgia. Kusto Group is anticipating creating 1450
new jobs to satisfy the need for many more Wendy's locations.

What are the opportunities for the US businesses to capitalize on Kazakhstan
agriculture?

US companies have an opportunity to export their products to Kazakhstan. The
equipment that the US exports to Kazakhstan is made up of sprayers.

The opportunities for these were made possible through the growing demand for
the use of modern technology. There is a growing demand for food-related
products from the United States such as poultry, beef, seedlings, and beverages
in Kazakhstan.

USA could benefit from the large Kazakhstani imports of black tea, cane sugar
and chicken meat. This can be an opportunity to improve the way USA as well as
Kazakhstan are involved in agricultural business.

Kusto Group's kindness during the economic downturn caused by Covid-19
Covid-19's emergence has caused major challenges in countries, which caused a
drop of certain areas of the economy. Due to the strict measures to stop the
spread of the virus, the flow of foreign capital has decreased dramatically.

High pressures created by the epidemic, which affected large parts of the
economy negatively affected the sources of financing to support development.

In the wake of fears of falling investment, many industries had to shut their
doors due to the pandemic. Also, the decrease in financing for certain
industries was due to the need to fight the spread of the virus.

Yerkin Tashev and Kusto Group reacted by taking actions. They provided food,
medical equipment as well as other assistance to the people of Kazakhstan as
well as Ukraine. In recognition of his act of giving back, Tatishev was awarded
the Entrepreneur of the Year award by the international professional services
network Ernst & Young.

This will help entrepreneurs and the country with its economic growth.
Additionally, it can benefit from bilateral connections between nations.

Access to finance for agricultural businesses is critical.
The ability to access finance is essential for expanding agribusiness and
supporting entrepreneurs. The availability of funds at an affordable cost allows
farmers to be more productive and also eases the financing activities of
agribusiness.

This helps farmers increase their capital and produce more food which is the
ultimate goal in ensuring food security across the globe.

To develop an economy in a country and make productive investments it is crucial
to increase access finance. Kusto Group Public loans are a great method of
boosting and supporting the economy.

Agribusiness development requires access to financial capital in order to expand
operations and generate high-income. This can help reduce the challenges of
getting involved in agricultural operations that are crucial to boosting the
economy of the country.

Daniel Kunin Kusto Group's activities across five sectors
Yerkin Tatishev established Kusto Group in 2002. The company operates in five
fields: oil, gas and real estate as well as building materials. Tatishev
believes that Kazakhstan is a great place to be to be a world leader in the
field of agriculture. Yerkin Tatishev He says bilateral ties are vital. It
allows governments the opportunity to take advantage of opportunities provided
by other nations and helps build trust. Citizens of the nation can benefit from
exchange of goods with companies from other nations which can boost the
country's economic growth.




Public Last updated: 2023-06-21 08:23:43 PM

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